12/38 Petrel Avenue, Mermaid Beach QLD 4218

Whether you are searching for a investment property, low maintenance beach haven or a weekender away from the city. We have found it right in the heart of the cafe & restaurant precint, tucked away enough for privacy & quiet weekends. Just metres to the sand & surf club at Nobby Beach. If a beach walk or quick surf before work is a priority for you, this is the new home you have been waiting for! Easy short walk to the new GLink station at Nobbys, good to go in early 2026. Oxley cafe & fantastic restaurants are just a short 3 minute walk from your front door. This ground floor, end unit offers the buyer a once in a lifetime lifestyle for the sassy buyer. This awesome unit many features include -

* Freshly painted throughout the inside & the exterior has just been repainted late last year.
* Can be used as a 3 bedrooms or 2 bedrooms & a study, at entry level price point.
* Seller happy to sell furniture with the property. Ideal for Air bnb purposes or your own holiday retreat.
*The laundry is separate to the bathroom. Outdoor clothes line & new fans installed throughout the property.
* Kitchen & bathroom already renovated & updated for functionality. Dishwasher in kitchen.
* Breezy, bright end unit with large, private rear balcony & front smaller patio for outdoor dining.
* East/West aspect to capture the sea breeze.
* Low maintenance timber look hybrid floors throughout.
* Air conditioned plus all new fans fitted throughout.
* Single remote auto garage with a good size store room.
* High 2.2 metre vehicle access to the underground parking. Suitable for the taller 4 X 4 owners out there.
* Security intercom to entry, plus CCTV cameras for added peace of mind.
* Complex has a resort style pool, heated spa & entertaining area. (All situated well away from this unit).
* Ideal for Air bnb letting with a manager on site.
* The location is superb. Easy walk to the Nobby cafe precint, Miami High & Miami Marketta are minutes away.
* 2 klm to Pacific Fair & the Star Casino.
* Bathouse Soak is nearby.
* When convenience, public transport, walk to shops, socialising & the beach are a priority, this is ideal.
* Walk thru video available for interstate buyers.

Outgoings & current rental returns, see below -

* Gold Coast City Council rates are approximately $3,200 per annum (No pensioner discount on this amount).
* Water usage varies. Current quarterly bill is approximately $320.
* Current permanent rent appraisal is $900 to $950 per week.
* Holiday rental return would vary depending on the time of year, but being a 3 bedroom, would be popular due to the ideal location & having the 3rd bedroom for families.
* Form 2 body corporate disclosure available for genuine buyers. Complete & full information on body corporate.